USCG Will Get Budget Increase

Wednesday, January 23, 2002
In order to ensure anti-terrorism coastal patrols, revive enforcement in needed areas, and maintain some of the extra patrols initiated post-September 11, the Coast Guard will receive a major budget increase of up to $1 billion, if approved by Congress. Of the $12 to $13 billion in extra Homeland Security spending that the President will propose on February 4, it is reported that the Coast Guard will be among the biggest recipients. The Coast Guard would receive an extra $900 million to $1 billion for 2002-2003, which amounts to about a 20 percent increase in its $5.2 billion annual budget. The proposed budget increase is the first part of a three-year plan, which also includes adding to the 36,000 active and 8,000 reserve personnel.
Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

Lifting of US Crude Oil Export Ban Possible within Year

The U.S. Congress could lift the 40-year old ban on domestic crude oil exports within a year as a drop in gasoline prices and the potential return of Iranian

U.S.: Stronger Response in South China Sea Needed

By releasing video of Beijing's island reclamation work and considering more assertive maritime actions, the United States is signaling a tougher stance over the

Aramco Offers Rare 1.5 pct Gasoil Cargo

Aramco Trading, the trading arm of oil producer Saudi Aramco, has offered a rare gasoil cargo with a 1.5 percent sulphur content for June lifting from Rabigh, traders said on Thursday.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Offshore Oil Pipelines Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1577 sec (6 req/sec)